"Of course, that doesn't mean we should ignore and stop working on the affordability of housing. But it does mean that at some point, those won't be our most pressing problems and humans do have a habit of fighting the last war, not the next one."
VC's think they're better-equipped to judge "pressing problems" than most and I think that's dumb.
There is no level on which it is their job to find solutions for problems. That is not a job description nor what they do. Their job is to guess which investments will earn them money.
Problems solving is accidental and done by other people. Also, their have zero incentives to care about social problems or about problems of people who are not rich.
VC's think they're better-equipped to judge "pressing problems" than most and I think that's dumb.
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